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Toward a Better Fiscal Governance?

Why the Italian budget has been kept irresponsible, and how the last reforms could make a difference

Alessia Damonte EMAIL logo
From the journal World Political Science

Abstract

Despite many reforms, evidence from the past decade proves the Italian fiscal policy still being “irresponsible.” The article understands the problem from a public choice perspective: irresponsibility is a natural result of unconstrained “raw politics,” yet proper institutional designs can bring it under control. It then presents qualitative data showing how Italian irresponsibility follows inappropriate constraints, and explains why the recent European provisions can support a fruitful institutional change.


Corresponding author: Alessia Damonte, Department of Social and Political Sciences, Università degli Studi di Milano, e-mail:

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Published Online: 2014-6-17
Published in Print: 2014-10-1

©2014 by De Gruyter

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